GOVEROTRAGEOUS: The Federal Gooferment should impose the same accounting standards on State Gooferments

Thursday, February 7, 2019

2019-Feb-07

https://nypost.com/2019/02/05/why-the-public-pension-timebomb-is-growing-even-more-deadly/

Why the public-pension timebomb is growing even more deadly
By Steven Malanga
February 5, 2019 | 7:24pm

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The study found that, on average, female teachers were living 90 years, while male teachers lived 87.7 years. Female government workers in the general public-pension plans lived to 88.5; male government workers, 85.5.

By contrast, the Social Security Administration’s life expectancy tables show that men who reach 65 can expect on average to live 84.3 years, and women 86.7 years. A Society of Actuaries study of private-sector pension plans shows that members live longer than the general public but shorter than many government workers: men in these systems live on average to about 85.6 years old, and women to slightly more than 87.6 years old.

Workers’ life expectancy is an important factor, of course, in a pension fund’s financial picture. In the private sector, defined-benefit pensions must follow mortality tables issued by the federal government. No such strictures bind public pensions, and as the society’s study suggests, the rates used by government pension systems vary widely.

In 2014, several communities in Illinois discovered that officials were using mortality tables from 1971, when life expectancy was much shorter, which vastly underestimated pension costs. The resulting outcry forced those communities to update their calculations, and led to average increases in costs by about 20 percent.

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As a little L libertarian, I have little use for the Gooferment. But if I am forced to live under their tyranny, then I’ll try to make it “better”.

As an fat old white guy retired injineer who’s a poor old senior citizen on a fixed income, I am concerned for myself and our posterity by the the current 121T+ national debt and the guesstimated 200T+ in unfunded liabilities.

Perhaps, the Federal Gooferment should impose the same accounting standards on State Gooferments as it does on corporations. I’m not sure that aligns with the idea that States have rights. It would seem that requiring all actors to use the latest statistics would at least help define the problem.

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Staten Island bar puts lids on drinks after women say they were drugged

Wednesday, February 6, 2019

A popular Staten Island bar is putting a new twist on nightlife safety — by serving cocktails with lids after women were drugged at the hot spot, the owner told The Post on Tuesday.A woman in her

Source: Staten Island bar puts lids on drinks after women say they were drugged

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Sounds like a great response.  Business, most of them, want to protect their Customers.

Despite what liberals, politicians, and bureaucrats claim.

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POLITICAL: Her “green new deal” is most radical legislation in decades to further enslave the USA

Wednesday, February 6, 2019

2019-Feb-06

https://www.foxnews.com/politics/green-new-deal-details-emerge-as-ocasio-cortez-preps-big-reveal

‘Green New Deal’ details emerge, as Ocasio-Cortez preps big reveal of WW2-level mobilization
By Gregg Re | Fox News

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New York Democratic Rep. Alexandria Ocasio-Cortez on Monday unveiled new details on the so-called “Green New Deal” she plans to introduce in a matter of days, as she worked behind-the-scenes to rally congressional support for the proposal that could cost as much as $7 trillion.

Ocasio-Cortez, who is set to unveil the plan with Massachusetts Democratic Sen. Ed Markey, told her fellow representatives in a letter that the Green New Deal calls for a “national, social, industrial and economic mobilization at a scale not seen since World War II.”

“Next week, we plan to release a resolution that outlines the scope and scale of the Green New Deal,” Ocasio-Cortez said in the letter, adding that the country’s near-total economic transformation should take approximately ten years.

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The Green New Deal proposal would lead to national net-zero greenhouse gas emissions, according to Ocasio-Cortez’s letter, “through a fair and just transition for all communities and workers,” while also generating millions of “good, high-wage jobs.” Details of the letter were first published by Bloomberg.

Through it all, the Green New Deal would additionally “promote justice and equity by preventing current and repairing historic oppression to frontline and vulnerable communities,” according to Ocasio-Cortez.

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But what about the the current 21T+ national debt and the guesstimated 200T+ in unfunded liabilities that our posterity will have to deal with?  Add on another 7T$?

Remember when someone says “green”. think “watermelon”.   Green on the outside; red inside. These are always thinly disguised plans to push into socialism or communism.  “Democratic”, of course. Like Venezuela.  It’s working so well there.  Only the Joesixpacks are starving.


GOVEROTRAGEOUS: Better that the homeless and needy starve?

Tuesday, February 5, 2019

2019-Feb-05

https://www.theadvocates.org/2019/02/california-charity-becomes-casualty-city-regulators/

A California Charity Becomes a Casualty of City Regulators
Remso Martinez•February 3, 2019

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Charity is a beautiful thing that everyone tends to support, regardless of creed or partisan slant. However, there is a strange concept of “forced” charity that both Republicans and Democrats try to enforce in their own various ways. Whether it is through entitlements, bailouts, or pork spending, some in government think that their involvement makes everything better, but in reality, those good intentions more often than not have adverse consequences.

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The primary change for Deliverance is the requirement that no food may be prepared in a volunteer’s home, which has been our primary method of food preparation. The Board of Directors discussed options for utilizing an existing food prep facility, but due to the distributed nature of the organization, this option would prove to be cumbersome and perhaps only a short term solution to the problem. As a result, Deliverance, San Diego can no longer prepare hot meals for distribution to the homeless population of downtown San Diego without incurring significant logistical and financial costs.

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If the government can create laws that restrict free people from providing a home cooked meal to the homeless, what is there to stop them from crafting a law that prohibits me from giving a pan of brownies to a neighbor? Or an office potluck where everyone brings a meal? This example might sound exaggerative but this whole situation creates a slippery slope for more state intervention in consensual and voluntary exchanges.

While the intentions of the regulators might be good, the homeless and needy probably would prefer a free meal instead of going hungry.

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Remember this “homelessness” crisis was caused, at least in part, by the Gooferment closing mental institutions while promising community support, high property taxes, rental regulations, and the “(pseudo) War on (some) Drugs”.

So naturally we can’t have any solution other than a Gooferment one!

Argh!

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Stem cell breakthrough could help cure type 1 diabetes

Sunday, February 3, 2019

If the research continues to bear fruit, though, it could offer a much more realistic solution for type 1 diabetes. Pancreas transplants can help, but they frequently fail and still require drugs that suppress your immune system. There are tests for safer and more targeted islet implants, but they still tend to require organs from dead donors. This breakthrough could lead to on-demand implants and make it relatively easy to gain (or regain) healthy insulin levels.

Source: Stem cell breakthrough could help cure type 1 diabetes

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Good news but wish it was a decade sooner.  :-(

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TECHNOLOGY: Tech whiz-turned-criminal stole $500K in 10 days: officials

Sunday, February 3, 2019

A fresh-faced tech whiz used a sophisticated “SIM swapping” scheme to steal half a million dollars in 10 days from more than 50 people across the US — without ever leaving the comfort of his

Source: Tech whiz-turned-criminal stole $500K in 10 days: officials

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That’s why you should NOT rely on a phone for your two factor authentication.

I use AUTHY a free multi-platform authentication program.

https://authy.com/

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VETERANS: An outrageous push to mutilate a war memorial

Saturday, February 2, 2019

It looks like America’s next big religious-freedom case could center on the war memorial known as the “Peace Cross.” The Supreme Court justices recently agreed to hear the case this year.God

Source: An outrageous push to mutilate a war memorial

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To find this is “religious” is absurd!

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